ContractorIndia - Weekly E-Newsletter - Vol-02, Issue-17, 1st July-2014

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Please find Your Weekly dossier of Construction News Update - Vol-02, Issue-17


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Volume—2 Issue—17 1st July- 2014 Construction News | Corporate Updates | Information  | Power Sector  | Real Estate | Infrastructure | Project Updates | Construction Errors  Subscribe to Newsletter and other updates To Advertise in this E-Newsletter please send inquiry at info@contractorindia.com Corporate Updates More…. Construction News More…. HCC hits 42-month high; soars over 100% in two months (HCC) has surged 5% to Rs 49, its highest level since January 2011 on BSE, on back of heavy volumes. Read More…. PNC Infratech wins Rs 441 crore road contract in UP PNC Infratech Ltd has been awarded a Rs 441 crore contract by the Uttar Pradesh Public Works Department (PWD) for rehabilitation and upgradation of the 80 km road stretch of the Sonauli-Gorakhpur section of National Highway 29 E in the state. Read More…. NTPC, Lanco power plants facing coal supply problem: PowerMin Stating that some of the power plants of the companies like NTPC and Lanco are facing coal supply problem, the Power Ministry has sought the intervention of Coal and Power Minister Piyush Goyal for an urgent resolution. Read More…. DLF puts Pune IT park on the block, eyes Rs 300 cr from deal Property giant DLF, which missed its debt reduction target in 2013-14, wishes to sell more properties and land parcels it considers “non-core”, said sources in the know. Read More…. IRB Infra gains on bagging road project in Haryana IRB Infrastructure Developers is trading higher by 4% to Rs 214 after the company said it has entered into a pact with National Highways Authority of India (NHAI) for an Rs 2,300 crore project for widening of a highway stretch in Haryanaunder National Highways Development Project (NHDP). Read More…. Metro to run in Lucknow in December 2016 City residents may get to ride the Metro from December 2016. UP chief secretary Alok Ranjan told the media here on Monday the Lucknow Metro is likely to make its debut journey Read More…. Omaxe set to raise Rs 300 crore Real estate firm Omaxe plans to raise about Rs 300-400 crore from equity market. The capital will be used to launch six projects across North India. Read More…. CCI orders fresh probe against DLF Fair trade regulator Competition Commission of India (CCI) has ordered a probe against a DLF group company for allegedly imposing unfair and unreasonable conditions on office buyers at one of its commercial projects in Gurgaon.  Read More…. Realtors plan strike against cement price hike The Confederation of Real Estate Developers Associations of India (Credai) plans to discontinue  construction works indefinitely and stop procuring cement for its activities in south India in protest against the steep hike in cement prices in the last one month. Read More…. 1,000 km of new BRT would save 27,000 lives in India: World Bank Washington: World Bank president Jim Young Kim has said India can save more than 27,000 lives and create over 128,000 jobs if it builds 1,000 kilometres of new bus rapid transit (BRT) lanes in the next 20 years.  Read More…. Govt grants navratna status to NBCC; stock hits record high Shares in National Buildings Construction Corporation Ltd (NBCC) has moved higher by 6% to Rs 321 after the state-owned company …. Read More…. Twenty-nine Gujarat cos among top 500 in India: D&B Twenty-nine companies from Gujarat  have been named in ‘India’s Top 500 Companies,’ a report released by Dun & Bradstreet (D&B),  …. Read More…. Delhi govt sanctions construction of 5 foot-over-bridges Delhi government today said it has sanctioned the construction of five foot-over-bridges (FOBs), the tendering for which has already been initiated.  Read More…. Editor’s Blog Need of Standardization in the designation and role & responsibility associated with engineering profession Useful Websites / Web Links for Reference Construction Industry Development Council (CIDC) BUREAU OF INDIAN STANDARDS Competition Commission of India National Housing bank Quality Council of India Indian Council of Arbitration Real Estate More…. A suburb with good accessibility Aundh's real estate market in both the residential and commercial segments has retained the ace position among Pune's suburbs for quite some time. Read More…. Real estate firms may raise funds via IPO route After a long time, real estate companies could hit the fund-raising trail. The reason is improvement in investor sentiment. Read More…. Local realty developers preferred in Chandigarh Affordable cost and timely completion of projects by local developers in the periphery of Chandigarh, especially Zirakpur and Kharar, are attracting residential property seekers. Read More…. Godrej Properties gains after block deal Godrej Properties has moved higher by 5.5% to Rs 250 after huge block deal executed on the counter on the Bombay Stock Exchange (BSE) Read More…. Project Updates More…. Construction Error More…. Delhi Metro's Mandi House-Central Secretariat line opens Delhi Metro Rail Corporation (DMRC) added yet another feather in its cap when the Central Secretariat to Mandi House route was thrown open to public on Thursday.  Read More…. Delhi-Mumbai corridor seeks Rs 7,500cr allocation in budget Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) is seeking Rs 7,500 crore for threesmart city projects, an ambitious experiment, which is expected to get a boost from the Narendra Modi government  Read More…. Chennai building collapse toll goes up to 27 The toll in the collapse of an 11-storey building in Chennai has gone up to 27, a report said on Tuesday. Read More…. Delhi civic agency launches action against illegal construction A day after 10 people lost their lives in the collapse of an illegal building, the North Delhi Municipal Corporation Sunday launched action against old and unauthorised constructions.  Read More…. NDMC orders extensive survey of old buildings A day after a building collapsed in Inderlok leaving 10 people dead, the Commissioner of the North Delhi Municipal Corporation on Sunday ordered an extensive survey of all old buildings in its areas to identify those which are dangerous.  Read More…. 10 killed in north Delhi building collapse Ten residents of a building, including five children, were killed on Saturday morning when a four-storey building in Inderlok's Tulsi Nagar, north Delhi, came crashing down because of digging in the adjacent plot.  Read More…. Power More…. Infrastructure More…. 'Power Grid to invest Rs 5,800 cr on upgradation work in Gujarat' Power Grid Corporation of India Ltd (PGCIL) will invest Rs 5,800 crore for upgrading its network in Gujarat over the next three to four years, its Executive Director D K Singh has said. Read More…. Power industry hopeful of new lease of life Power companies and analysts are hoping the National Democratic Alliance government will provide the sector a slew of incentives in the Union Budget to be presented next month.  Read More…. NTPC Kaniha seeks lifting of load curb order of pollution board NTPC Ltd, the country’s biggest power generating utility, has sought lifting of load restriction on its two Stage-I units, each of 500 Mw at its 3,000 Mw (5x600) plant at Kaniha near Talcher. Read More…. NHPC divestment: An uphill task NHPC's divestment might not be easy, considering the size of the stake sale, the market's appetite for hydro-power projects and the company's poor track record, which shows it has under-delivered both on operating performance and return fronts. Read More…. Centre to fast-track road connectivity in Uttarakhand For Narendra Modi and for his Cabinet colleague Nitin Gadkari, one of the concerns seems to be the faster restoration of road network in disaster-hit Uttarakhand.  Read More…. Join Us for Free—Subscribe to Contractorindia.com Send your suggestions or contact us To unsubscribe and stop receiving emails from it, send an email to  contractorindia+unsubscribe@googlegroups.com. Send us email to get more information on e-newsletter at—emagazine@contractorindia.com Copyright 2006—2015 © ContractorIndia.com; All rights reserved
Volume—2 Issue—17 1st July- 2014 Construction News | Corporate Updates | Information  | Power Sector  | Real Estate | Infrastructure | Project Updates | Construction Errors  Subscribe to Newsletter and other updates To Advertise in this E-Newsletter please send inquiry at info@contractorindia.com Corporate Updates More…. Construction News More…. HCC hits 42-month high; soars over 100% in two months (HCC) has surged 5% to Rs 49, its highest level since January 2011 on BSE, on back of heavy volumes. Read More…. PNC Infratech wins Rs 441 crore road contract in UP PNC Infratech Ltd has been awarded a Rs 441 crore contract by the Uttar Pradesh Public Works Department (PWD) for rehabilitation and upgradation of the 80 km road stretch of the Sonauli-Gorakhpur section of National Highway 29 E in the state. Read More…. NTPC, Lanco power plants facing coal supply problem: PowerMin Stating that some of the power plants of the companies like NTPC and Lanco are facing coal supply problem, the Power Ministry has sought the intervention of Coal and Power Minister Piyush Goyal for an urgent resolution. Read More…. DLF puts Pune IT park on the block, eyes Rs 300 cr from deal Property giant DLF, which missed its debt reduction target in 2013-14, wishes to sell more properties and land parcels it considers “non-core”, said sources in the know. Read More…. IRB Infra gains on bagging road project in Haryana IRB Infrastructure Developers is trading higher by 4% to Rs 214 after the company said it has entered into a pact with National Highways Authority of India (NHAI) for an Rs 2,300 crore project for widening of a highway stretch in Haryanaunder National Highways Development Project (NHDP). Read More…. Metro to run in Lucknow in December 2016 City residents may get to ride the Metro from December 2016. UP chief secretary Alok Ranjan told the media here on Monday the Lucknow Metro is likely to make its debut journey Read More…. Omaxe set to raise Rs 300 crore Real estate firm Omaxe plans to raise about Rs 300-400 crore from equity market. The capital will be used to launch six projects across North India. Read More…. CCI orders fresh probe against DLF Fair trade regulator Competition Commission of India (CCI) has ordered a probe against a DLF group company for allegedly imposing unfair and unreasonable conditions on office buyers at one of its commercial projects in Gurgaon.  Read More…. Realtors plan strike against cement price hike The Confederation of Real Estate Developers Associations of India (Credai) plans to discontinue  construction works indefinitely and stop procuring cement for its activities in south India in protest against the steep hike in cement prices in the last one month. Read More…. 1,000 km of new BRT would save 27,000 lives in India: World Bank Washington: World Bank president Jim Young Kim has said India can save more than 27,000 lives and create over 128,000 jobs if it builds 1,000 kilometres of new bus rapid transit (BRT) lanes in the next 20 years.  Read More…. Govt grants navratna status to NBCC; stock hits record high Shares in National Buildings Construction Corporation Ltd (NBCC) has moved higher by 6% to Rs 321 after the state-owned company …. Read More…. Twenty-nine Gujarat cos among top 500 in India: D&B Twenty-nine companies from Gujarat  have been named in ‘India’s Top 500 Companies,’ a report released by Dun & Bradstreet (D&B),  …. Read More…. Delhi govt sanctions construction of 5 foot-over-bridges Delhi government today said it has sanctioned the construction of five foot-over-bridges (FOBs), the tendering for which has already been initiated.  Read More…. Editor’s Blog Need of Standardization in the designation and role & responsibility associated with engineering profession Useful Websites / Web Links for Reference Construction Industry Development Council (CIDC) BUREAU OF INDIAN STANDARDS Competition Commission of India National Housing bank Quality Council of India Indian Council of Arbitration Real Estate More…. A suburb with good accessibility Aundh's real estate market in both the residential and commercial segments has retained the ace position among Pune's suburbs for quite some time. Read More…. Real estate firms may raise funds via IPO route After a long time, real estate companies could hit the fund-raising trail. The reason is improvement in investor sentiment. Read More…. Local realty developers preferred in Chandigarh Affordable cost and timely completion of projects by local developers in the periphery of Chandigarh, especially Zirakpur and Kharar, are attracting residential property seekers. Read More…. Godrej Properties gains after block deal Godrej Properties has moved higher by 5.5% to Rs 250 after huge block deal executed on the counter on the Bombay Stock Exchange (BSE) Read More…. Project Updates More…. Construction Error More…. Delhi Metro's Mandi House-Central Secretariat line opens Delhi Metro Rail Corporation (DMRC) added yet another feather in its cap when the Central Secretariat to Mandi House route was thrown open to public on Thursday.  Read More…. Delhi-Mumbai corridor seeks Rs 7,500cr allocation in budget Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) is seeking Rs 7,500 crore for threesmart city projects, an ambitious experiment, which is expected to get a boost from the Narendra Modi government  Read More…. Chennai building collapse toll goes up to 27 The toll in the collapse of an 11-storey building in Chennai has gone up to 27, a report said on Tuesday. Read More…. Delhi civic agency launches action against illegal construction A day after 10 people lost their lives in the collapse of an illegal building, the North Delhi Municipal Corporation Sunday launched action against old and unauthorised constructions.  Read More…. NDMC orders extensive survey of old buildings A day after a building collapsed in Inderlok leaving 10 people dead, the Commissioner of the North Delhi Municipal Corporation on Sunday ordered an extensive survey of all old buildings in its areas to identify those which are dangerous.  Read More…. 10 killed in north Delhi building collapse Ten residents of a building, including five children, were killed on Saturday morning when a four-storey building in Inderlok's Tulsi Nagar, north Delhi, came crashing down because of digging in the adjacent plot.  Read More…. Power More…. Infrastructure More…. 'Power Grid to invest Rs 5,800 cr on upgradation work in Gujarat' Power Grid Corporation of India Ltd (PGCIL) will invest Rs 5,800 crore for upgrading its network in Gujarat over the next three to four years, its Executive Director D K Singh has said. Read More…. Power industry hopeful of new lease of life Power companies and analysts are hoping the National Democratic Alliance government will provide the sector a slew of incentives in the Union Budget to be presented next month.  Read More…. NTPC Kaniha seeks lifting of load curb order of pollution board NTPC Ltd, the country’s biggest power generating utility, has sought lifting of load restriction on its two Stage-I units, each of 500 Mw at its 3,000 Mw (5x600) plant at Kaniha near Talcher. Read More…. NHPC divestment: An uphill task NHPC's divestment might not be easy, considering the size of the stake sale, the market's appetite for hydro-power projects and the company's poor track record, which shows it has under-delivered both on operating performance and return fronts. Read More…. Centre to fast-track road connectivity in Uttarakhand For Narendra Modi and for his Cabinet colleague Nitin Gadkari, one of the concerns seems to be the faster restoration of road network in disaster-hit Uttarakhand.  Read More…. Join Us for Free—Subscribe to Contractorindia.com Send your suggestions or contact us To unsubscribe and stop receiving emails from it, send an email to  contractorindia+unsubscribe@googlegroups.com. Send us email to get more information on e-newsletter at—emagazine@contractorindia.com Copyright 2006—2015 © ContractorIndia.com; All rights reserved

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